As a trader starting on a new journey, it’s crucial to know the “must-haves” of the trading world. You are likely to run into myriads of programs, sales pitches, and offers. From a pure nuts and bolts standpoint, these are…
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Breakouts can provide some of the most powerful market moves. Unfortunately, false breakouts are quite common and can lead stop-outs and whipsaw. When it comes to trading breakouts, there are two different methods one can potentially utilize to try to…
Breakouts are one of the most widely traded strategies among day traders, as well as longer-term traders. While breakouts can lead to powerful moves, false breakouts also occur frequently. Breakouts can be traded based on chart patterns, price levels, or…
Bollinger Bands are one of the most popular technical indicators available to traders today. These bands can potentially identify overbought and oversold conditions, while providing the trader with a quick visual measure of market volatility. Bollinger Bands consist of a…
While it’s pretty standard for investments to hold their positions long term, trades are more short-term in their thinking. An intraday trader may make one or even several trades during a trading day; a scalper could make hundreds or even…
If only trading was as simple as buying support and selling resistance. Daily support and resistance levels can provide traders with potential entry and exit points. The real question then becomes, how can someone calculate where to find support and resistance? The incredible…
While charts are extremely useful for identifying market trends and possible levels of support and resistance, they do have their limitations. Perhaps the biggest limitation of a traditional chart is the fact that it doesn’t depict volume, but rather just prices…
The energy and commodity crush hasn’t been kind to resource investors. The crude oil swan dive from over $100 to under $30 has put pressure on energy producers not seen in decades. These low interest rates mean that money can…
